WHAT ARE THE BENEFITS OF COMMERCIAL PAPER TO INVESTORS

68. - BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
BT THANH TOAN QUOC TE MULTINATIONAL FINANCIAL MANAGEMENT DAP AN
68. What are the benefits of commercial paper to investors? a. Commercial paper is as safe as T-bills and offers long maturities. b. Commercial paper is issued by firms with a wide range of credit ratings, so a wide range of interest rates are available. c. Commercial paper is underwritten by investment banks, so there is an active secondary market in commercial paper. d. Commercial paper is riskier than T-bills so they pay a higher interest rate, and they offer liquidity.